Trade War Fallout Prompts San Diego's Illumina to Lower Outlook, Cut $100 Million in Costs
The San Diego-based company said it now expects 2025 adjusted profit ... China announced a ban on imports of genetic ...
China hits Illumina with import ban. What does that mean for the San Diego gene sequencer?
China imposed an import ban on Illumina’s gene sequencers in response to President Trump’s escalating tariffs and trade war ...
San Diego Union-Tribune15d
Illumina cuts workforce at San Diego headquarters
Gene-sequencing giant Illumina is laying off 96 employees from its San Diego headquarters, according to paperwork filed with the state. This workforce reduction comes at a time when Illumina is ...
Yahoo Finance18d
Illumina to lay off 96 San Diego employees
Illumina will lay off 96 people at its San Diego headquarters beginning in April, according to a Worker Adjustment and Retraining Notification filed in California. Employees were notified by Feb ...
Wall Street Journal7d
Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban
Illumina is reducing its forecast for this year’s financial performance and cutting $100 million in spending because China barred sales of the company’s gene-sequencing machines. San Diego ...
Investing22d
Illumina reveals expansive multiomics technology roadma
SAN DIEGO - Illumina, Inc. (NASDAQ: NASDAQ:ILMN), a $4.37 billion revenue genomics leader with an impressive 68.37% gross margin, today announced a comprehensive suite of new omics technologies ...